For the lower-profile HNA Group, which has interests in cloud computing companies, airlines
and hotels, the acquisition of the SkyBridge Capital hedge fund of funds firm last month was part of what it described as a strategy to “build a global asset management business.”
The small spurt of deals is occurring as Asian companies look for expertise on where to invest their stockpiles of money
and hone their ambitions to become financial conglomerates.
Firms like SkyBridge Capital, which offer investors a chance to spread their money around in an array of other hedge funds, the so-called fund of funds business
that layers on additional fees, have had a particularly difficult time lately.
HNA Group, the Chinese aviation and shipping conglomerate, took a piece of a New York
hedge fund company last month, a week after buying a New Zealand investment company.
SoftBank paid $3.3 billion for Fortress, less than half its $7.4 billion value when it
became one of the first private equity firms to publicly list shares in February 2007.
Masayoshi Son, the billionaire founder of SoftBank, wants to create a “Berkshire Hathaway of the tech industry.” In January, he met with President Trump, then the president-elect, pledging to invest $50 billion in the United States
and to create jobs there as part of a new $100 billion investment fund called SoftBank Vision Fund.
Despite concerns about the business models, investment firms like Fortress
and SkyBridge offer these buyers new distribution networks and access to wealthy investors

Bluepi is an offshore software development company which provide services in the world of technology like cloud computing,mobile application development and our one and only focus is customer success and to help customer succeed with our ERP software. For more details, visit http://www.bluepi.in/ or call +91-98186-97707.

EBOOK ONLINE Own the Clouds: The First Guide to Investing in Cloud Computing Companies Joyce Blonskij READ EBOOK

DOWNLOAD NOW http://ebooklibrary.space/read01/?book=1935953214

Are you finding reputable IT Companies in your area? We have nationwide pre-screened and highly qualified IT companies that are local to your business in Chicago, Dallas, Houston, Los Angeles, Philadelphia, Seattle Metro Areas.

MSP, or Managed Service Providers, can help your small business meet your goals through IT support and technical services. Learn how your Philadelphia business can succeed through better technology at http://www.kdcloudservices.com.

READ THE NEW BOOK Own the Clouds: The First Guide to Investing in Cloud Computing Companies Joyce Blonskij READ EBOOK

DOWNLOAD NOW http://bestebooks.info/view02/?book=1935953214